Develop a strategic action plan

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OVERVIEW: Develop a strategic action plan for yourself.

RESOURCES:

Pearce, J. A., & Robinson, R. B. (2013). Strategic management (13th ed.). New York, NY: McGraw Hill.

INSTRUCTIONS:

In the previous assessments, you have developed your mission statement, conducted a personal SWOT analysis and environmental scan, and laid out your long-term and short-term objectives. Now, you will create a strategic plan to achieve your objectives.

Your completed Strategic Action Plan will be based on the information from your mission statement, your SWOT analysis, environmental scan, and your long-term and short-term plans; however, you do not need to include these items in this assessment.

  • Develop a strategic action plan in which you address the following:
  • Specific steps you will need to take in the next year to achieve your 5-year objectives.
  • A time frame for completing each action.
  • The scorecard you will use to measure the success of each action.
  • The functional tactics you will use to achieve your short-term objectives.
  • The resources (financial, human, and other) you will use to complete each action.
  • An analysis of the monetary ramifications of each action.
  • A plan for monitoring the progress of the action plan.
  • A plan for handling obstacles or roadblocks.
  • An explanation of how your overall strategic plan reflects your mission statement.

Format this assessment as a research paper following current APA guidelines for both style and citing sources, making sure that you also use correct grammar and mechanics. There is no required minimum or maximum page length; however, you should strive to be as detailed as possible in addressing each bullet point, while also being as clear and concise as possible.

Unformatted Attachment Preview

12/12/2017 Strategic Action Plan Scoring Guide Strategic Action Plan Scoring Guide CRITERIA NON-PERFORMANCE BASIC PROFICIENT DISTINGUISHED Write coherently to support a central idea in appropriate format with correct grammar, usage, and mechanics. Writing does not support a central idea in appropriate format. Does not use correct grammar, usage, and mechanics. Writing supports an idea. Format is inconsistent and contains major errors of grammar, usage, and mechanics. Writing clearly supports a central idea in appropriate format and with few errors of grammar, usage, and mechanics. Writing is coherent, using evidence to support a central idea in a consistently appropriate format with correct grammar, usage, and mechanics. Describe the steps and associated time frames needed to achieve longterm objectives. Does not identify the steps or associated time frames needed to achieve long-term objectives. Identifies but does not describe the steps and associated time frames needed to achieve longterm objectives. Describes the steps and associated time frames needed to achieve long-term objectives. Analyzes the steps and associated time frame needed to achieve longterm objectives. Explain how to measure the success of the steps needed to achieve longterm objectives. Does not identify measurements of success needed to achieve long-term objectives. Identifies but does not explain how to measure the success of steps needed to achieve long-term objectives. Explains how to measure the Develops a scorecard to measure success of steps needed to the success of steps needed to achieve long-term achieve long-term objectives. objectives. Describe functional tactics used to achieve short-term objectives. Does not identify functional Identifies but does not tactics used to achieve short- describe functional tactics term objectives. used to achieve short-term objectives. Describes functional tactics used to achieve short-term objectives. Analyzes functional tactics used to achieve short-term objectives. Describe the resources needed to complete the steps of a strategic plan. Does not identify resources needed to complete steps of a strategic plan. Identifies but does not describe resources needed to complete steps of a strategic plan. Describes the resources needed to complete steps of a strategic plan. Evaluates the resources needed to complete steps of a strategic plan. Explain the financial ramifications associated with a strategic plan. Does not identify the financial ramifications associated with a strategic plan. Identifies but does not explain the financial ramifications associated with a strategic plan. Explains the financial ramifications associated with a strategic plan. Analyzes the financial ramifications associated with a strategic plan. Describe a plan for monitoring the progress of a strategic plan. Does not identify a plan for monitoring the progress of a strategic plan. Identifies but does not describe a plan for monitoring the progress of a strategic plan. Describes a plan for monitoring the progress of a strategic plan. Develops a plan for monitoring the progress of a strategic plan and proposes an implementation plan to ensure success. Explain strategies for addressing roadblocks and obstacles to a strategic plan. Does not identify strategies for addressing roadblocks and obstacles to a strategic plan. Identifies but does not explain strategies for addressing roadblocks and obstacles to a strategic plan. Explains strategies for addressing roadblocks and obstacles to a strategic plan. Evaluates strategies for addressing roadblocks and obstacles to a strategic plan. https://courserooma.capella.edu/bbcswebdav/institution/BUS-FP/BUS-FP4993/Version0715/Scoring_Guides/u05a1_scoring_guide.html 1/2 12/12/2017 CRITERIA Strategic Action Plan Scoring Guide NON-PERFORMANCE Explain how a strategic plan Does not identify how a reflects a mission strategic plan reflects a statement. mission statement BASIC PROFICIENT DISTINGUISHED Identifies a strategic plan but does not explain how the strategic plan reflects a mission statement. Explains how a strategic plan reflects a mission statement. Analyzes how a strategic plan reflects a mission statement. https://courserooma.capella.edu/bbcswebdav/institution/BUS-FP/BUS-FP4993/Version0715/Scoring_Guides/u05a1_scoring_guide.html 2/2
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Explanation & Answer

please find the attached file. always a pleasure working with you. good bye

Running head: A STRATEGIC ACTION PLAN

A strategic Action Plan
Name
Tutor
Institution
Course
Date

1

A STRATEGIC ACTION PLAN

2

My professional goal will be to become the ‘employee of choice’. This mission will
ensure that every action I take aims at developing my career skills and enhancing my
competitiveness in the job market. One of the actions I plan on undertaking is identifying a
mentor in the field to guide and help me navigate through set goals. This action will be
undertaken within the first month. My financial stability plan will also kick-off right away as
well as my plan to develop the communication skills required in product management. In
terms of academic qualificatio...


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